IVU Traffic Technologies AG provided earnings guidance for the year 2019. The company now expects revenue of almost EUR 90 million for 2019, an increase of more than 14% over the previous year. Gross profit rose by more than 15% compared to 2018 and is expected to exceed EUR 60 million. This is mainly due to higher licence requests at the end of the year. Accordingly, the operating result (EBIT) developed positively as well, reaching over EUR 10 million in 2019, an increase of more than 50% over the previous year. The outlook for 2020 also remains positive, and the company again expect the operating result (EBIT) at over EUR 10 million.